27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
- Cathay Pacific Airways Ltd (OTC:CPCAY) (OTC:CPCAF) has come up with a slew of allowances for pilots to curb mass resignations, Bloomberg reported.
- The pilots operating in Hong Kong are seemingly upset about the effect of the country’s stringent COVID-19 policies on travel.
- The report noted that starting in 2023, senior captains will get a monthly allowance of HK$36,000 ($4,590), amounting to HK$432,000 annually.
- The airline has also allotted school fee allowances totaling HK$100,000 per child for up to three children.
- At the end of 2021, Cathay employed 16,721 people, the least since 2005.
- Price Action: CPCAY shares closed lower by 1.48% at $4.67 on Wednesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!